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    Spectacular Appearing, High Grade Fr. 191a 1864 Compound Interest Treasury Note

    Fr. 191a $20 1864 Compound Interest Treasury Note PCGS Extremely Fine 40.
    The italicized grade on a Compound Interest Treasure $20 makes one expect to see comments regarding major rebuilding, which is often the case. In this case, the comment is simply, "Minor Edge Restorations," which are present but indeed minor. This is simply an amazing example of its type with bronze that has not darkened in the slightest, bright white paper, sharp printing quality, and actual margins surrounding the entire design. The red overprint is also fully colored giving the note the appearance of a high end ordinary type note rather than these usually depressingly drab middle of the book pieces. Visually, the nicest Compound Interest Treasury Note we can ever recall seeing. PCGS has graded 19 examples of this number, with only two far lower grade pieces not having negative comments. The negative comment notes are unlisted in the pop report making it impossible to ascertain where this note lies. It is certainly near, if not at, the top. Track & Price indicates no third party graded Fr. 191a has auctioned higher than a 30.

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    Auction Info

    Auction Dates
    Apr-May, 2018
    25th-1st Wednesday-Tuesday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
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